Pub favoured by movie stars hits the market

Mel Gibson was among many famous movie stars that visited this Sydney pub that has just gone on the market.

With a price tag of more than $5 million, The Sir William Wallace Hotel in Birchgrove has seen the likes of Russell Crowe, Naomi Watts and Burt Reynolds stop by for a drink.

Known as the Willy Wally by locals, the hotel has been operated under management and is being sold by the Cowan family after 20 years of ownership.

Built in 1879, the two-storey Victorian Filligree-style hotel is described as “an entry-level trading opportunity within the tightly held Sydney metropolitan freehold market,” by HTL Property’s Sam Handy, who is marketing the property with Blake Edwards.

The property comes with two development approvals, with one a ground-floor bar extension and a restaurant on the first floor, with views of the CBD and Harbour Bridge.

The future owner also has the option to develop at the rear of the property two townhouses, a three-bedroom apartment on the upper floor and an underground whisky bar, while retaining the front section of the pub.

Expressions of interest close April 18, if not sold prior.

Sheridan Randall, 14^th March 2019